Paying off debt is hard. You are changing a habit and that will take some discipline. It will require sacrifice and you will have to have the motivation to do it. By now you can probably tell people how title loans work and that would be because your habits have put you in a downward financial snowball. Time to say enough i s enough. However it’s not that easy for everyone to dedicate their hard earnings to creditors habitually. It’s ok we are human and all make mistakes. You are ready to start getting your finances under control but need a little push. That’s ok and here are some tips to keeping you motivated through your repayment process.
Dealing With Self-Sacrifice
Having a hard time giving up some of the things you love? Anyone would, they may not admit it but they have thought about it or are thinking it. Spending can be addictive and not being able to can really drive you insane. You work and work and still have nothing to show for it or have rewarded yourself yet. Don’t freak out! You can’t expect to take all your earnings and be left with nothing to treat yourself with. Try to give yourself a little wiggle room. Put the majority of your leftover earnings toward your debt and then take a smaller amount for spending. This way you never feel as if you are left out. That way you won’t take yourself and go on a shopping spree that will only put you in deeper debt. Make it a rule that you only get to treat yourself once or twice a month. It will give you a new appreciation to be able to treat yourself and know that you are paying of debt.
Take A Break
How is taking a break from paying off debt going to get you anywhere. Well really it’s to keep you on track. By sticking to the same old it can be exhausting. This must of course be planned out much like a vacation is planned. Call it a “debtcation” if you will. It will allow you to have some financial freedom and recharge you to get back on track. Knowing that it is ok to take a break and enjoy life a little will make you want to continue to pay off debt because the long term goal is to be debt free. That vacation feeling will remind you what’s in store for the future.
Think About Life Without Debt
Just simply picturing what your life could be like without debt is usually enough for you to stay motivated. Just think about all that extra money and what you want to do with it. Would you travel, shop-til-you-drop, or just be thrilled to know that your checking account actually has a chunk of money in it. How would you feel? Less stressed out from being in debt, you won’t feel like a failure, and you will feel successful. And you will be older and wiser and know the consequences of making poor financial decisions. Do it as a daily reminder to keep yourself on track.
So go ahead and get motivated!. You can be debt free.